But what happens when you choose to sell? Cost basis is key to understanding your tax obligations and the true profit of your investments. Here’s everything you need to know about cost basis ...

For purposes of taxation, your basis in a property is generally the amount you invested in it. Based on your cost basis, determine depreciation, amortization, depletion, casualty loss, and any gain or ...

What is included in the cost basis of an asset? According to tax law, cost basis is the tax-adjusted value of an asset, which is usually the purchase price, plus dividends, capital gains, and returns ...

Yet the tax law actually gives heirs a huge tax break -- the ability to reset their cost basis -- when they inherit shares of stock or other investments that have increased in value. This tax law ...

That's because investors can end up paying more of their gains in taxes than they have to if they aren't smart about choosing which of their shares to sell based on a factor known as cost basis.

E-Trade no longer has any documents from back then. Since then there have been a stock split or 3, and a bunch of dividend reinvestment. What's the best way for me to calculate my cost basis?

As I got to reviewing her investment statements, I immediately noticed something was wrong: The cost basis of the stocks in the joint account were never stepped up to her husband's date of death.

I know I'm a nag. I nag because it's so important to plan now for your family for when you die. It's not that we plan to fail ...

Inherited stock is not valued at its original cost basis, which refers to its initial value, at the time of its purchase. When a beneficiary inherits a stock, its cost basis is stepped up to the ...

In addition to enhancing a home, capital improvements can increase the cost basis of a property, which in turn reduces the tax burden when it is sold. In some states, capital improvements can ...